JDIV vs. BOAT

Last updated Aug 6, 2026

JDIV (JPMorgan Dividend Leaders ETF) and BOAT (SonicShares Global Shipping ETF) are both exchange-traded funds - JDIV is a Global Equities fund actively managed by JPMorgan, while BOAT is a Industrials Equities fund tracking the Solactive Global Shipping Index. JDIV is actively managed, while BOAT is passively managed. Over the past year, JDIV returned 15.51% vs 50.36% for BOAT. Their 0.35 correlation means their historical movements had little consistent relationship. JDIV charges 0.47%/yr vs 0.69%/yr for BOAT.

Performance

JDIV vs. BOAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Dividend Leaders ETF (JDIV) and SonicShares Global Shipping ETF (BOAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JDIV achieves a 9.74% return, which is significantly lower than BOAT's 42.13% return.

JDIV

• 1D: 0.05%
• 1M: 2.23%
• 6M: 7.04%
• YTD: 9.74%
• 1Y: 15.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.26%

BOAT

• 1D: -1.60%
• 1M: 8.65%
• 6M: 25.47%
• YTD: 42.13%
• 1Y: 50.36%
• 3Y*: 26.08%
• 5Y*: 24.02%
• 10Y*: —
• ALL TIME*: 24.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BOAT SonicShares Global Shipping ETF	$1.73M	$1.10M	$1.06M
JDIV JPMorgan Dividend Leaders ETF	$51.07K	$40.04K	$84.02K

JDIV vs. BOAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JDIV JPMorgan Dividend Leaders ETF	9.74%	18.98%	-5.07%
BOAT SonicShares Global Shipping ETF	42.13%	22.77%	-12.55%

Correlation

The correlation between JDIV and BOAT is 0.37, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.37
Correlation (All Time) Calculated using the full available price history since Sep 26, 2024	0.35

JDIV vs. BOAT - Sectors Allocation Comparison

Sectors	JDIV	BOAT
Technology	23.5%	-
Financial Services	18.4%	6.6%
Healthcare	12.6%	-
Industrials	8.0%	29.2%
Consumer Cyclical	6.5%	-
Communication Services	6.0%	-
Energy	4.5%	10.3%
Utilities	3.8%	-
Basic Materials	2.1%	-
Real Estate	1.6%	-
Consumer Defensive	1.5%	-

Return for Risk

JDIV vs. BOAT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JDIV

JDIV Risk / Return Rank: 44
JDIV Sharpe Ratio Rank: 44
JDIV Sortino Ratio Rank: 43
JDIV Omega Ratio Rank: 43
JDIV Calmar Ratio Rank: 42
JDIV Martin Ratio Rank: 51

BOAT

BOAT Risk / Return Rank: 87
BOAT Sharpe Ratio Rank: 90
BOAT Sortino Ratio Rank: 88
BOAT Omega Ratio Rank: 84
BOAT Calmar Ratio Rank: 91
BOAT Martin Ratio Rank: 82

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JDIV vs. BOAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Dividend Leaders ETF (JDIV) and SonicShares Global Shipping ETF (BOAT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JDIV	BOAT	Difference
Sharpe ratio: Return per unit of total volatility	1.26	2.46	-1.20
Sortino ratio: Return per unit of downside risk	1.81	3.26	-1.45
Omega ratio: Gain probability vs. loss probability	1.23	1.40	-0.17
Calmar ratio: Return relative to maximum drawdown	1.68	4.36	-2.68
Martin ratio: Return relative to average drawdown	6.61	12.30	-5.69

JDIV vs. BOAT - Sharpe Ratio Comparison

The current JDIV Sharpe Ratio is 1.26, which is lower than the BOAT Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of JDIV and BOAT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JDIV vs. BOAT - Drawdown Comparison

The maximum JDIV drawdown since its inception was -13.34%, smaller than the maximum BOAT drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for JDIV and BOAT.

Drawdown Indicators

	JDIV	BOAT	Difference
Max Drawdown Largest peak-to-trough decline	-13.34%	-33.94%	+20.60%
Max Drawdown (1Y) Largest decline over 1 year	-9.28%	-11.60%	+2.32%
Max Drawdown (3Y) Largest decline over 3 years	—	-33.94%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.94%	—
Current Drawdown Current decline from peak	0.00%	-2.56%	+2.56%
Average Drawdown Average peak-to-trough decline	-1.92%	-9.49%	+7.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.35%	4.11%	-1.76%

Volatility

JDIV vs. BOAT - Volatility Comparison

The current volatility for JPMorgan Dividend Leaders ETF (JDIV) is 3.54%, while SonicShares Global Shipping ETF (BOAT) has a volatility of 6.75%. This indicates that JDIV experiences smaller price fluctuations and is considered to be less risky than BOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JDIV	BOAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.54%	6.75%	-3.21%
Volatility (6M) Calculated over the trailing 6-month period	10.42%	16.96%	-6.54%
Volatility (1Y) Calculated over the trailing 1-year period	12.42%	20.71%	-8.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.05%	25.03%	-10.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.05%	25.06%	-11.01%

JDIV vs. BOAT - Expense Ratio Comparison

JDIV has a 0.47% expense ratio, which is lower than BOAT's 0.69% expense ratio.

Dividends

JDIV vs. BOAT - Dividend Comparison

JDIV's dividend yield for the trailing twelve months is around 2.04%, less than BOAT's 6.47% yield.

Position	TTM	2025	2024	2023	2022	2021
BOAT SonicShares Global Shipping ETF	6.47%	8.08%	13.89%	13.65%	13.57%	1.36%
JDIV JPMorgan Dividend Leaders ETF	2.04%	2.15%	0.36%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JDIV and BOAT in my portfolio?

JDIV and BOAT have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JDIV or BOAT?

BOAT has higher volatility (6.75%) compared to JDIV (3.54%). In terms of maximum drawdown, JDIV dropped -13.34% vs BOAT's -33.94%.

Which ETF is better, JDIV or BOAT?

On 1-year performance, BOAT leads with 50.36% vs 15.51% for JDIV. On fees, JDIV is cheaper at 0.47% per year. On volatility, JDIV has been the lower-risk option at 3.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JDIV or BOAT?

Over the 1-year period, BOAT has performed better with a 50.36% return vs 15.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JDIV or BOAT?

JDIV is cheaper with a 0.47% expense ratio, compared with 0.69% for BOAT.

Which ETF pays a higher dividend yield, JDIV or BOAT?

BOAT has the higher dividend yield at 6.47%, compared with 2.04% for JDIV.

What is the main difference between JDIV and BOAT?

JDIV is categorized as Global Equities, while BOAT is Industrials Equities. They also come from different issuers: JPMorgan and Tidal. Their fees differ too: 0.47% for JDIV and 0.69% for BOAT.

Which has better risk-adjusted returns?

BOAT currently has the higher Sharpe Ratio (2.46 vs 1.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.